California Veterinary Medical Foundation

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating

The California Veterinary Medical Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in some governance and transparency areas, despite a solid program expense ratio of 98.89%. The organization boasts a fully independent board, which is a positive aspect, reflecting good governance practices. Additionally, there is no indication of material diversion of assets, suggesting that funds are likely being used appropriately for their intended purposes.

However, the foundation has several gaps in its accountability and finance practices that have contributed to its lower rating. The absence of key policies, including a conflict of interest policy and a whistleblower policy, raises concerns about transparency and ethical standards. Furthermore, the lack of a website presence for vital documents, such as tax forms and board meeting minutes, limits public access to important information regarding the foundation's operations.

In summary, while the California Veterinary Medical Foundation demonstrates strong program execution and governance via an independent board, the organization must address significant transparency and accountability issues to improve its overall rating and public trust.

This AI summary has been generated from information found on Charity Navigator.

California Veterinary Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Veterinary Medical Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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